OOIR: Observatory of International Research

Papers

(The TQCC of Quarterly Review of Economics and Finance is 10. The table below lists those papers that are above that threshold based on CrossRef citation counts [max. 250 papers]. The publications cover those that have been published in the past four years, i.e., from 2022-05-01 to 2026-05-01.)

Article	Citations
The role of the COVID-19 pandemic in US market volatility: Evidence from the VIX index	105
Irregularities in forward-looking volatility	104
Trading strategies and the frequency of time-series	97
Rigidity in public contracts: Implications for renewal dynamics	96
Quantifying endogenous and exogenous shocks to financial sector systemic risk: A comparison of GFC and COVID-19	76
Are safe-haven assets really safe? Heterogeneity under economic, political and climate risks	73
ESG rating, rating divergence and investment efficiency: International evidence	70
Effects of credit and labor constraints on microenterprises and the unintended impact of changes in household endowments: Use of threshold estimation to detect heterogeneity	53
Readability of asset securitization reporting and bank holding company’s credit risk	51
Hedging extreme risks in US stocks caused by the shortage of US dollar liquidity: Evidence from the COVID-19 outbreak	50
News-based economic policy uncertainty and financial contagion: An international evidence	47
FoMO in the Bitcoin market: Revisiting and factors	47
Term structure of equity risk premia in rough terrain: 150 years of the French stock market	44
Do geopolitical risks and global market factors influence the dynamic dependence among regional sustainable investments and major commodities?	44
Firm valuation with state dependent COD taxation	41
Examining the impact of natural gas price volatility on Euro zone inflation expectations	41
Decomposition of non-performing loans dynamics into a debt-servicing capacity and a risk taking indicators	41
Risk assessment of equity-based conventional and islamic stock portfolios	41
The positive impact of investment subsidies on the economy with present-biased consumers	40
The capital ratio and the interest rate spread: A panel threshold regression approach	40
Capital requirements and banks performance under Basel-III: A comparative analysis of Australian and British banks	40
Quality differentiation and optimal pricing strategy in multi-sided markets	39
The effect of financial distress on capital structure: The case of Brazilian banks	37
Permanent inequality versus earnings instability and transmission of income shocks to consumption expenditure in India	37
The sustainability factor in asset pricing: Empirical evidence from the Indian market	36

Access-for-all to financial services: Non-resources tax revenue-harnessing opportunities in developing countries	35
Navigating the storm: Time-frequency quantile dependence and non-linear causality between crypto-currency market volatility and financial instability	35
Do board size, institutional ownership and external auditors matter to market discipline in Indonesian banking?	34
Moderating role of ESG disclosures and its impact on firm financial performance	33
Editorial Board	32
Optimal taxation, minimum wage constraint in a model of capital-skill complementarity	32
The equity premium and the disconnect between uncertainty and volatility: A global perspective	32
Are bond markets and bank credits complementary or substitutable? Evidence based on the rule of law and countries’ legal origins	31
The decline in stock exchange listed firms	30
Systemic importance of Chinese financial institutions based on the QC-ISAM-ARMA temporal network with coupling	30
Cross border flows, financial intermediation and interactions of policy rules in a small open economy	28
Applications of fixed effect models to managerial risk-taking incentives	26
US foreign investments: Technology transfer, relative backwardness, and the productivity growth of host countries	25
Firm-level business uncertainty and the predictability of the aggregate U.S. stock market volatility during the COVID-19 pandemic	25
Sentiment, uncertainty, and bond return predictability	25
Moderating effect of credit growth for financial development on economic growth: Considering banking crises and endogeneity	24
Dissecting performance gains from export-induced marketing and technological investments: Revisiting learning by exporting in Indian manufacturing	24
(De)Centralized Debt Financing and Project Selection under imperfect Bank Competition	24
Time-frequency co-movement and cross-quantile connectedness of exchange rates: Evidence from ASEAN+3 Countries	24
The forward premium anomaly and the currency carry trade hypothesis	23
Signaling through tests	23
Tax clientele and share repurchase execution	22
Genetic diversity and income inequality: The case for Y-chromosome DNA diversity	22
Editorial Board	22
Corporate diversification, financial flexibility and firm performance during the Covid-19 pandemic	20
Do influencers pay? Evidence from the Internet celebrity economy in China	20
The relationship between investment determinants and environmental sustainability: Evidence through meta-analysis	20
Does profitability explain the low-risk anomaly in India?	20
A local volatility correction to mean-reverting stochastic volatility model for pricing derivatives	20
Gender differences and time allocation: A comparative analysis of Egypt and Tunisia	19
Executive and non-executive employee ownership and bank risk: Evidence from European banks	19
Asymmetric effects of oil price shocks on the demand for money in Algeria	19
Bank geographic diversification and market competition	19
Do ESG disclosures mitigate investors’ reaction on mining disasters? Evidence from Brazil	19
Frequency domain quantile dependence and connectedness between crude oil and exchange rates: Evidence from oil-importing and exporting countries	18
A new measure of fund window dressing and its application to Chinese mutual fund market	18
Geopolitical risks and tourism stocks: New evidence from causality-in-quantile approach	18
The COVID-19 pandemic and the degree of persistence of US stock prices and bond yields	18
Capital requirements and banks’ behavior: Evidence from bank stress tests	18
On the time-varying responses of Fintech stock returns to geopolitical, financial and market sentiment shocks	18
Mean--variance portfolio selection problem: Asset reduction via nondominated sorting	18
Social pension insurance and household risky asset investment: Evidence from China	18
Forecasting intraday volatility and densities using deep learning	18
Nationalization of the private sector labor force, quotas, matching and public jobs, an illustration with Saudi Arabia	17
Credit booms and crisis-emergent asset comovement: The problem of latent correlation	17
Are dividend changes exploited in the equity market?	17
Does monetary policy favor the skilled? − Distributional role of monetary policy	17
The sum of all SCARES COVID-19 sentiment and asset return	17
Editorial Board	17
Hedging uncertainty: Bitcoin's asymmetric diversification benefits in factor-based portfolios	16

Shaken, stirred and indebted: Firm-level effects of earthquakes	16
Party direct control and corporate fraud: Evidence from China	16
Trading activity and fund performance - Evidence from corporate bond mutual funds	16
The effect of the evergrande bankruptcy on Chinese real estate listed firms	15
Macro-prudential policy, its alignment with monetary policy and house price growth: A cross-country study	15
Asymmetric nexus between shadow economy and financial instability: Does institutional quality matter?	15
Predicting abnormal capital flow episodes with machine learning methods	15
Unveiling dynamics: Financial performance determinants in the Ghanaian insurance industry	14
How does central bank transparency affect systemic risk? Evidence from developed and developing countries	14
In search of hedges and safe havens during the COVID─19 pandemic: Gold versus Bitcoin, oil, and oil uncertainty	14
Asymmetric cyclical connectedness on the commodity markets: Further insights from bull and bear markets	14
Robbing a robber is not robbing	14
Do emerging stock markets offer an illiquidity premium for local or global investors?	14
Recessions and flattening of the yield curve (1960–2021): A two-way road under a regime switching approach	13
Segmentation, business environment and global informational efficiency of emerging financial markets	13
Political patronage and banks’ leverage in the Middle Eastern and North African region: A new neural panel regression analysis	13
Information disclosure and bidding structure: Evidence from the London bus market	13
Revisiting the nexus between house pricing and money demand: Power spectrum and wavelet coherence based approach	13
Short- and long-term effects of ESG pillars on credit risk	13
How does credit information sharing shape bank loans?	13
Credit constraints and spillover effects of financial market liberalization: Case of Colombia	13
Who needs cash? Digital finance and income inequality	12
Forecasting intraday risk incorporating the higher-order moments	12
Do geopolitical risk, economic policy uncertainty, and oil implied volatility drive assets across quantiles and time-horizons?	12
Financial inclusion and income distribution revisited: New findings	12
The bank lending channel of monetary policy transmission in South Africa	12
Price of greenness: Classifications and green bond premiums	12
Deviating from full rationality but not from theoretical consistency: The behavior of inflation expectations in Brazil	12
Duration of membership in the world trade organization and investment-oriented remittances inflows	12
Financial contagion dynamics from the US to the PIIGS amidst the global financial crisis	12
Asset redeployability and dividend payout policy	12
Family ties and firm performance empirical evidence from East Asia	12
Do foreign investors deter corporate fraud? Evidence from China	12
Uncertainty and gender inequality: A global investigation	12
Do more harm than good? The optional reverse charge mechanism against cross-border tax fraud	12
The role of international currency spillovers in shaping exchange rate dynamics in Latin America	12
Customer concentration, managerial risk aversion, and hostile takeover threats	12
Persistence and long run co-movements across stock market prices	11
The performance of bidding companies in merger and acquisition deals: An empirical study of domestic acquisitions in Hong Kong and Mainland China	11
Democratic Governance and Equity Valuations	11
Impact of a new regulatory policy on thematic and monthly distribution funds in Japan	11
Decomposing the yield curve with linear regressions and survey information	11
Conventional and unconventional shadow rates and the US state-level stock returns: Evidence from non-stationary heterogeneous panels	11
Political connections, investment inefficiency, and the Indian banking crisis	11
Does Corporate Social Responsibility reporting improve financial performance? The moderating role of board diversity and gender composition	11
Optimal inflation rate and fair wage	11
NFTs versus conventional cryptocurrencies: A comparative analysis of market efficiency around COVID-19 and the Russia-Ukraine conflict	11
Green bonds: A demographic study of Retail Investors in India	11
Hedging demand and near-zero swap spreads: Evidence from the Chinese interest rate swap market	10
Import penetration and workplace safety	10
The transmission of targeted monetary policy to bank credit supply	10
Make or buy for public services: Culture matters for efficiency considerations	10
When are busy boards beneficial?	10
Pathways to self-sufficiency in the microfinance ecosystem	10
Uncertainty matters in US financial information spillovers: Evidence from a directed acyclic graph approach	10
On the benefits of active stock selection strategies for diversified investors	10
Competition, ratings shopping, and yield spread: Evidence from China’s enterprise bond market	10
Nexus of Corporate Social Responsibility Expenditure (CSR) and financial performance: Indian banks	10